SPDR MSCI Emerging Markets StrategicFactors ETF (NYSEARCA:QEMM) Sees Significant Decrease in Short Interest

SPDR MSCI Emerging Markets StrategicFactors ETF (NYSEARCA:QEMM) was the target of a significant drop in short interest in September. As of September 30th, there was short interest totaling 8,203 shares, a drop of 45.5% from the September 15th total of 15,042 shares. Based on an average daily volume of 3,416 shares, the short-interest ratio is currently 2.4 days. Approximately 1.1% of the shares of the stock are sold short.

Institutional Trading of SPDR MSCI Emerging Markets StrategicFactors ETF

Several hedge funds and other institutional investors have recently bought and sold shares of QEMM. Integrated Wealth Concepts LLC bought a new stake in SPDR MSCI Emerging Markets StrategicFactors ETF during the 2nd quarter valued at approximately $27,000. Virtu Financial LLC boosted its position in shares of SPDR MSCI Emerging Markets StrategicFactors ETF by 29.2% during the fourth quarter. Virtu Financial LLC now owns 17,783 shares of the company’s stock valued at $1,176,000 after purchasing an additional 4,023 shares in the last quarter. Capital Advisors Ltd. LLC boosted its position in shares of SPDR MSCI Emerging Markets StrategicFactors ETF by 52.8% during the first quarter. Capital Advisors Ltd. LLC now owns 11,862 shares of the company’s stock valued at $823,000 after purchasing an additional 4,101 shares in the last quarter. Premier Path Wealth Partners LLC raised its holdings in SPDR MSCI Emerging Markets StrategicFactors ETF by 12.8% in the second quarter. Premier Path Wealth Partners LLC now owns 44,797 shares of the company’s stock worth $3,580,000 after purchasing an additional 5,084 shares in the last quarter. Finally, Aspiriant LLC purchased a new position in SPDR MSCI Emerging Markets StrategicFactors ETF during the third quarter valued at $966,000.

SPDR MSCI Emerging Markets StrategicFactors ETF Price Performance

QEMM stock traded down $0.42 during mid-day trading on Friday, hitting $78.38. 8,112 shares of the stock were exchanged, compared to its average volume of 3,575. The stock has a market capitalization of $58.78 million, a price-to-earnings ratio of 14.30 and a beta of 0.63. The business has a fifty day moving average price of $81.25 and a 200 day moving average price of $78.93. SPDR MSCI Emerging Markets StrategicFactors ETF has a 12 month low of $63.92 and a 12 month high of $83.21.

SPDR MSCI Emerging Markets StrategicFactors ETF Company Profile

The SPDR MSCI Emerging Markets StrategicFactors ETF (QEMM) is an exchange-traded fund that is based on the MSCI EM Factor Mix A-Series (USD) index. The fund tracks an index of emerging-market securities equally-weighted between 3 sub-indexes that focus on value, minimum volatility and quality. QEMM was launched on Jun 4, 2014 and is managed by State Street.